The fintech industry was buzzing this week on the news that Stripe might do an IPO this year. A successful public listing would be a major positive for fintech. We also had news from the big banks looking to launch a digital wallet, Custodia Bank has been rejected by the Fed, Marqeta has a new […]
In a recent discussion with Isabelle Freidheim, Founder, Chairman, and CEO of Athena SPAC, a company led entirely by women, we explore whether fintech should lean into SPACs. A SPAC, or Special Purpose Acquisition Company, is a “blank shell” corporation designed to take companies public without going through the traditional IPO process, which takes under […]
Compared to most other areas of daily business operations, accounts payable and receivable have been starved for innovation since Quickbooks’ debut decades ago. Anchor co-founder and CEO Rom Lakritz believes the technology exists to provide a $10-trillion process with a long-overdue upgrade. An accountant and lawyer by training, Lakritz has also been a consultant, venture […]
Yesterday, 26 January 2023, the financial community got word of fintech giant, Stripe’s plans to go public, and excitement has spread through the IPO-starved industry. According to The Information, which broke the news, Stripe told employees in an email that they had set a twelve-month deadline to either go public or make a deal that […]
Danielle Pensack of Rightfoot On today’s episode, I’m joined by Dani Pensack, Co-Founder & CEO of Rightfoot. Rightfoot enables developers to add debt repayment to any application. Founding stories are always unique, but Dani and Rightfoot are thus far the most interesting to date. They moved into a retirement home to test out their initial idea. Yup, […]
Eddie Oistacher of Peach Finance The right lending infrastructure is what allows lenders to launch new products easily, to adapt products to changing economic conditions or to start an entirely new lending operation. My next guest on the Fintech One-on-One podcast is Eddie Oistacher, the CEO and Co-Founder of Peach Finance. Incubated inside Affirm, Peach has […]
Last year’s rise in interest rates led many fintechs to moderate growth prospects. A demand for profits emerged among investors. But that is not stopping Nubank from expanding as it seeks to establish itself in the largest markets in Latin America. The company announced a $150 million loan from World Bank’s International Finance Corporation this […]
Fintechs are among the sectors with a shortage of cybersecurity professionals, with a global shortage of 2.72 million. This comes as the worldwide cost of cybercrime in 2021 was pegged at $6 trillion. Cybersecurity problems are worse in North America The problem is especially acute in North America. According to research conducted by Rapid in […]
The ability of small businesses to remain financially healthy within the current economic landscape has become challenging. Despite forecasts for rate rises being less than previously expected, the higher cost environment is just one in a long line of challenges that have wreaked havoc on the SMB sector over the past few years. In 2020, […]
El Salvador’s Legislative Assembly recently approved a new law regulating the issuance of digital assets other than bitcoin, paving the way for launching securities backed by cryptocurrency. The bill was first presented in the Legislative Assembly in late November 2022, where the president’s party, Nuevas Ideas, has a large majority. The law had 62 votes […]